1366 E 15th St, Edmond, OK 73013
Tel: (405) 340-1717 Fax: (405) 340-6091
Email: greg@womackadvisers.com
Plan for Life, Plan for Wealth: Comprenhensive Wealth Management Services
Like most people, you probably have a pretty good idea of what you want from your investments. But do you know how much risk you're willing to take? And how much risk is too much?
At Womack Investment Advisors, we can help you figure that out. We start with a risk assessment, which helps us get to know you and your investment goals. This information forms the basis of our financial advice and helps us create a personalized investment plan for you.
In investing, the risk is the chance that an investment will lose value. Different investments have different levels of risk. For example, stocks are generally riskier than bonds, but they also have the potential to earn higher returns.
There are several ways to assess risk. We use a questionnaire that asks about your investment goals, time frame for investing, tolerance for losses, and other factors. Based on your answers, we'll recommend a mix of investments that we believe will help you reach your goals while staying within your risk tolerance.
Understanding your risk tolerance is important because it can help you avoid making too risky or too conservative decisions for your goals. For example, if you're retired and need to generate income from your investments, you may be more interested in preserving your capital than growing it. On the other hand, if you're younger and have a longer time frame for investing, you may be willing to take on more risk to pursue higher returns.
There are many benefits to working with Womack Investment Advisors. We'll help you protect your investments, understand your risk tolerance and create a personalized investment plan tailored to your unique situation. We also provide ongoing support and advice to feel confident that your investments are on track.
Some people are more risk-averse than others. And when it comes to investing, that can make a big difference in how your portfolio performs. That's why it's important to have a personalized risk assessment done before you start investing to ensure the protection of your assets. Therefore, if you're looking for a place to get one done, Edmond, OK, is a great option.
At Womack Investment Advisers, we are financial advisors, and we specialize in helping people assess their risk tolerance and invest accordingly. We'll work with you to understand your goals, risk tolerance, and investment options. Then, we'll create a personalized plan that fits your needs.
Get Our Weekly Newsletter!
Thanks! You'll start receiving our valuable newsletter to your inbox weekly!